Another offer at 2.40

Wait for Q4 results which will be announced latest by 26th feb

Dindings product can penetrate Mac Donald vs Ayamas to Kfc

This is a right strategy with the support from Tyson who own Mac Food ( supply to Mac Donald)will lend support to Dindings to take market share away Ayamas

Probably paying 80mil instead of 130mil , reduce by 50mil.

Any one can help to interpret the announcement made by Magnum pertaining to the court case with IRB?

Div 2cents

Dividend in the form of treasury shares declared

Edge reported Muar Ban Lee being a minority shareholder wants to negotiate further with Jardine for a higher take over price

Annoucement made already

Based on the recent report by research house the 6percent stake magnum has in u mobile is worth about RM 300million. Very unlikely Magnum will keep the 6percent stake

Div 4cent for Qtr3

Next will be the announcement of the 3rd qtr results which is due before end nov

Price is hardly appreciate during cum div period because higher share price will translate into lower %div yield

Div ,5cent

Any update on the court hearing today?

Recently Cocoaland had succesfully appeal to IRB and the additional tax amount served to them was brought down tremendously from nothing less than 10mil to merely below 15k. Do you all think Magnum is also in similar situation like Coacoland?

Golderntriangle , Are you sure the goverment can drag till Oct 2018 to call for election which is almost 5 months away from the last election date on 5th May 2013

Any idea about magnum's plan to dispose their entire 7% stake in U mobile. Because during last year AGM, the board made known to everyone that they decided not to keep the stake but will dispose it upon IPO. Also it was mentioned the entire 7% stake is worth RM250mil but probably is higher now because of the additional spectrum allocated by the govt.

Not sure whether during this year AGM on Friday 26th May , perhaps a clearer picture on the proceeds from the sales of share be utilse. Because in early May, T Edge weekly reported the IPO for U mobile is sooner than expected which will be 2018

It is also interesting to take note Tan Sri Vincent Tan and Berjaya Corp had been selling quite substantial shares of Spots Toto in the last 2 days.

Tan Sri Surin sits in the board of U Mobile even though he is Magnum boss. We can't directly access to U mobile shares but we can indirect own them via Magnum. Value of Magnum shares also influenced by U mobile after their listing. You can check it out , even Focus Malaysia had reported before whether Magnum will continue to hold U mobile shares after its listing. I believe the true excitement for Magnum will be the timing on the listing of U Mobile in the stock market

The current hudud bill issue has impacted the share price of magnum but at least magnum is more fortunate with the 6.1% stake in U Mobile and the excitement will be the impending listing of U Mobile. It has made known several times Magnum will dispose the stake in U Mobile if the opportunity arises. U Mobile has been allocated additional spectrum to improve on their system efficiency and they need to fast forward their IPO in order to raise fund to purchase new technology which can support the new spectrum allocated.

The 6.1% stake is easily worth more than RM 100 mil and I believe this will be the key question raise by the share holder during the forthcoming AGM next week on the 8th June